I'm thinking some of this is hedging of existing positions. I was thinking of writing some calls but the way we've been moving around, I could get called out and leave all sorts of profits on the table.
I was really wrong on my guess as to what the response would be to the FDA.. I thought the FDA would come back as they did and require more work but I was thinking we would get a 10% to 20% sell off and get another buying opportunity. Looks like the market is getting more sophisticated regarding our little company. DARN IT!
I'm still thinking we'll see some mid 6s again at least intraday.